£290,487
This estimated value is based upon the latest sale price for the house of £85,000 on 17 Apr 2001. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 17 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in April 2001 the House Price Index for BRIGHTON AND HOVE was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £85,000 results in an estimated price of approximately £290,487.
| 17 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £85,000 | £205,487 | £290,487 |
The Postcode Pricing Model uses changes in average sales price within the BN2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 199.090 % | £169,226 | £254,226 |
| 3 Month Average | 235.070 % | £199,809 | £284,809 |
| 6 Month Average | 288.050 % | £244,842 | £329,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £202,590 | £200,000 | 83 ST JAMES'S STREET |
| 28 Jul 2023 | £522,026 | £515,000 | 12 NEW STEINE MANSIONS DEVONSHIRE PLACE |
| 4 Jul 2022 | £275,742 | £275,000 | 78 ST JAMES'S STREET |
| 7 Sep 2021 | £581,900 | £540,000 | 9 MARGARET STREET |
| 2 Jul 2021 | £1,087,205 | £946,000 | 89 ST JAMES'S STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 21 Oct 2015.
The average size of a house on NEW STEINE is 53 sq meters (577 sq feet).